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Texas Tech University Tuition Costs and Fees


Texas Tech University Tuition and Fees

Texas Tech University Tuition

On this page:

    By Kelly Boyer Sagert

    (Last Updated – 06/2025)

    Located in Lubbock, Texas Tech University (TTU) is a public research institution and flagship campus of the Texas Tech University System. TTU operates on a semester calendar and is known for its commitment to research, student engagement, and community impact.

    This guide will detail TTU’s tuition and mandatory fees for both in‐state and out‐of‐state students, explore financial aid opportunities, and summarize acceptance rates and admission requirements to help you plan your academic and financial journey at Texas Tech.

    Total Cost of Attendance

    In 2024-25, Texas Tech tuition for in-state students was $11,852, which is slightly more than the national average of $11,260 at public institutions. For students from other states, Texas Tech tuition was $24,451, which is less than the national average for out-of-state tuition of $29,150.

    Costs for 2024-2025


    Student Type

    In-State

    Out-of-State

    Tuition & Fees

    $11,852

    $24,451

    Books & Supplies

    $1,200

    $1,200

    Food & Housing

    $10,742

    $10,742

    Other Expenses

    $4,731

    $4,731

    Total Cost of Attendance

    $28,525

    $41,124

    Financial Aid

    To help with the cost of tuition, room and board, and other expenses, 86% of students receive Texas Tech financial aid. This TTU financial aid may come as scholarships, grants, and/or student loans.

    Generally, financial aid is monetary assistance awarded to students based on personal needs or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

    •  Grants: Grants are generally based on financial need. These can come from federal, state, private, and nonprofit organizations.

    •  Work-study: Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: Federal student loans are money borrowed directly from the U.S. Department of Education. They come with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    Of the students who take out student loans, 42% have federal student loans, while 10% take out private loans averaging $15,172.

    Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The total undergrad cost to attend TTU for four years, including Texas Tech tuition and fees, room and board, books, and other expenses, would be $114,100, based on 2024-25 numbers. For out-of-state students, the cost would be $164,496 for four years.

    Compared to the national average for four years of in-state tuition and fees at public universities of $115,360, Texas Tech is slightly less. However, the cost for out-of-state students is more than $20,000 less than the national four-year average of $186,920.

    Recommended: Texas Student Loan & Scholarship Information

    Repay student loans your way.

    Find the monthly
    payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2024-25

    Student Type

    In-State

    Out-of-State

    Tuition & Fees

    $11,852

    $24,451

    Books & Supplies

    $1,200

    $1,200

    Total

    $13,052

    $25,651

    Texas Tech tuition and fees, plus books and supplies, total $13,052 for Texas residents and $25,651 for residents from other states.

    Graduate Tuition and Fees

    Costs for 2024-25

    Student Type

    In-State

    Out-of-State

    Tuition

    $6,956

    $15,356

    Fees

    $2,562

    $2,562

    Total

    $9,518

    $17,918


    To attend Texas Tech University for graduate school, Texas residents paid $9,518 for tuition and fees in 2024-25. For residents of other states, the total was $17,918.

    There are many options for graduate loans that can help with these costs.

    Cost per Credit Hour

    The cost per credit hour for part-time Texas Tech students is $298 for those in state, and $718 for those from other states.

    Campus Housing Expenses

    Costs for 2024-25

    Student Type

    On-Campus

    Off-Campus

    Room & Board

    $10,742

    $489+/mo*

    Other Expenses

    $4,731

    $4,731

    *Based on one-bedroom pricing. Average rate based on available apartments near Texas Tech University in 2025.

    At Texas Tech, first-year students are required to live on campus in one of 18 traditional residence halls, five apartment and suites residences, or the Honors pod.

    You can find more about Texas Tech off-campus housing here .

    Texas Tech University Acceptance Rate

    Fall 2023

    Number of Applications

    Number Accepted

    Percentage Accepted

    34,020

    24,154

    71%

    The acceptance rate at Texas Tech University was 68% in 2021.

    Admission Requirements

    Here’s what’s required and what’s recommended with your application to TTU.

    Required:

    •  Self-Report Academic Record (SRAR)

    Recommended:

    •  SAT or ACT scores

    •  Essay(s)

    •  Letter(s) of recommendation

    •  Work experience

    The deadline for Priority Applications is June 1 for summer and fall applicants.

    SAT and ACT Scores

    How do your test scores stand up to those of other TTU applicants? While scores aren’t currently required, seeing what other students got on the standardized tests is helpful.

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    550

    640

    SAT Math

    540

    630

    ACT Composite

    22

    28

    ACT English

    21

    27

    ACT Math

    21

    27

    Graduation Rate

    Here are the graduation rates at TTU for those who began in fall 2017.

    •  4 years: 44%

    •  6 years: 64%

    Post-Graduation Median Earnings

    After completing an undergraduate degree at Texas Tech University, students earn on average $62,454 per year. This is slightly lower than the national average of $68,680 for graduates of four-year schools.

    Bottom Line

    With solid academic programs, a robust campus life, and stellar sports teams, Texas Tech University has something for virtually everyone. And with many options for TTU financial aid, you don’t have to worry about how to cover the cost of your education.

    If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

    Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

    View your rate

    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
    Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


    Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


    SOISL-Q225-061

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    University of Wisconsin (UW) – Madison Tuition and Fees


    University of Wisconsin (UW) – Madison Tuition and Fees

    University of Wisconsin (UW) - Madison Tuition and Fees

    On this page:

      By Susan Guillory

      (Last Updated – 06/2025)

      The University of Wisconsin – Madison (UW-Madison) is a prestigious public research university located in Madison, Wisconsin. Founded in 1848, it is the flagship campus of the Universities of Wisconsin. Known for its rigorous academics, vibrant campus life, and strong research programs, UW-Madison offers a wide range of undergraduate, graduate, and professional programs. The university is a member of the Big Ten Conference and boasts a spirited athletic tradition. Its lakeside campus and progressive culture attract students from around the globe.

      Total Cost of Attendance

      The University of Wisconsin – Madison tuition in 2024-25 for state residents was $11,603. This is close to the national average of $11,260 for in-state tuition at public universities. For residents of other states, UW tuition was $42,103, which is well above the national average for out-of-state tuition of $29,150.

      Tuition, however, is only part of the total cost of attending college. Here’s a look at other expenses students can expect when attending the University of Wisconsin.

      Costs for 2024-25


      Expense

      In-State

      Out-of-State

      Tuition & Fees

      $11,603

      $42,103

      Books & Supplies

      $1,100

      $1,100

      Room & Board (on campus)

      $14,124

      $14,124

      Other Expenses

      $3,178

      $3,178

      Total Cost of Attendance

      $30,005

      $60,505

      Financial Aid

      Over half of undergraduates (60%) receive some form of financial aid to help cover the UW-Madison tuition and other costs. This may be scholarships, grants, or student loans, or a combination of these.

      Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

      The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

      •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

      •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.

      •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

      •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

      Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

      You can find other financial aid opportunities on databases such as:

      •  US Department of Education – Search for grants from colleges and universities by state

      •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

      •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

      Recommended: The Differences Between Grants, Scholarships, and Loans

      Private Student Loans

      Many undergraduates tap student loans to help pay the University of Wisconsin tuition and other costs: 24% take out federal loans, and 6% get private student loans (with an average amount of $19,241).

      Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

      What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

      Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.

      If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

      Recommended: Guide to Private Student Loans

      Projected 4-Year-Degree Price

      The University of Wisconsin – Madison cost of attendance for four years — including tuition and fees, room and board, books, and other expenses — is $120,020 for in-state students (based on 2024-25 numbers). By comparison, the national average at public universities for in-state students is $115,36 for four years.

      For out-of-state residents, the four-year cost for attending UW is $242,020. This is above the national average of $186,920 for out-of-state cost of attendance.

      This student loan and scholarship information may be valuable as you research schools and costs.

      Undergraduate Tuition and Fees

      Costs for 2024-25

      University of Wisconsin undergraduate tuition and fees for the 2024-25 academic years were $11,603 for in-state students, a 3.6% increase over 2023-34. The tuition and fees for out-of-state students were $42,103, a 3.7% increase over 2023-34.

      Graduate Tuition and Fees

      Costs for 2024-25

      •   Average graduate tuition (in-state): $10,728

      •   Average graduate tuition (out-of-state): $24,054

      •   Fees (in-state/out-of-state): $1,597

      Tuition and fees for graduate students at UW-Madison for 2024-25 averaged $12,325 for in-state students and $25,651 for out-of-state students. The average cost of graduate school tuition and fees in the U.S. is $22,430 per year.

      There are graduate loans available to help with these costs.

      Cost per Credit Hour

      If you take 15 credits per semester, the cost per credit hour at UW-Madison comes out to $483 for Wisconsin residents and $1,403 for nonresidents.

      Campus Housing Expenses

      UW-Madison offers a variety of traditional residence halls, including focused learning and affinity communities. It also prides itself on offering some of the lowest on-campus housing rates in the Big Ten. Though freshmen aren’t required to live on campus, more than 90% of first-year students choose to do so. Many undergraduates also choose to live on campus for a second year, and beyond.

      Costs for 2024-25

      •   Housing and food expenses (on-campus): $14,124

      •   Housing and food expenses (off-campus): $12,414

      •   Other living expenses (on/off campus): $3,178

      Total living expenses for 2024-25 were estimated at $17,302 for students who lived on campus and $15,592 for those who lived off campus.

      University of Wisconsin – Madison Acceptance Rate

      Fall 2023

      Number of applications

      63,505

      Number accepted

      27,307

      Percentage Accepted

      43%

      The University of Wisconsin – Madison acceptance rate is 43%, which makes the school moderately selective.

      Admission Requirements

      If you’re interested in applying to UW-Madison as a freshman, here’s what you’ll need to submit:

      •   Admission application (either the Common Application or the Universities of Wisconsin Application)

      •   Nonrefundable $70 application fee

      •   Two essays

      •   High school coursework and grade information

      •   One letter of recommendation

      •   ACT or SAT scores (optional for students applying for admission through the spring 2027 term, with an application deadline of October 1, 2026)

      Important deadlines to know:

      •   January 15: Regular decision application deadline

      •   January 22: Regular decision materials deadline

      •   November 1: Early action application deadline

      •   November 10: Early action materials deadline

      SAT and ACT Scores

      Though submitting test scores is optional through the spring 2027 term at UW-Madison, it can be helpful to know the average scores of other students who chose to submit their scores.

      Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.

      Subject

      25th Percentile

      75th Percentile

      SAT Evidence-Based
      Reading/Writing

      660

      730

      SAT Math

      700

      780

      ACT Composite

      28

      32

      ACT English

      27

      34

      ACT Math

      26

      32

      Graduation Rate

      The majority of UW-Madison students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.

      •  4 years: 73%

      •  6 years: 89%

      Post-Graduation Average Earnings

      On average, UW-Madison graduates earn an annual salary of $83,000. This is higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

      Bottom Line

      Ranked #13 among Top Public Schools by U.S. News & World Report, UW-Madison is a highly respected university that offers good value, especially for in-state students. For residents of other states, however, tuition runs higher than the national average for public universities. Fortunately, students who need help covering the UW-Madison tuition and other costs may qualify for financial assistance in the form of grants, scholarships, and federal student loans.

      If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


      Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

      View your rate

      SoFi Private Student Loans
      Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
      Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
      SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


      Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



      SOISL-Q225-090

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      Student Budget Calculator


      Student Budget Calculator

      June 13, 2025

      Managing student finances can feel overwhelming, but with the right tools, it can be simpler than you think. SoFi’s student budget calculator helps you gain a clear picture of your expenses for the school year.

      Understanding what you’ll need to pay for tuition, dorm living or off-campus rent, textbooks, eating out, and more can help you make informed choices throughout the year and build a solid foundation for your financial future.


      How to Use the Student Budget Calculator

      Our calculator is simple and easy to use. Just follow these steps to create your personalized student budget:

      1. Input your academic period: Specify the number of months in the school year using the slider.
      2. Detail your educational costs: Input your annual out-of-pocket tuition (excluding financial aid), anticipated costs for books and supplies, and other miscellaneous school costs.
      3. Account for living expenses: Fill in the cost for your annual dorm and meal plan, or rent if you’re living off-campus.
      4. Add your food costs: Enter your monthly grocery costs, if applicable, and your anticipated monthly total for eating out.
      5. Add other personal costs: Include the monthly cost of internet service, your cell phone, entertainment expenses, and any out-of-pocket medical expenses, such as prescription fees or health-related supplies.
      6. Review your Summary: The calculator will automatically update your total yearly student budget as well as your monthly budget, school costs, living costs, food costs, and personal costs, giving you a clear financial snapshot.
      7. Adjust and optimize: Use the insights to identify areas where you can save or allocate funds more effectively.

      Budgeting Methods for Students

      Determining your student budget is the first step in creating an achievable financial plan. The next is applying a budgeting method that will keep your finances on track throughout the year. Here are a few popular strategies:

      The 50/30/20 Rule

      This straightforward rule suggests dividing your after-tax income into three groups:

      • 50% for Needs: This includes essential expenses like tuition, rent, groceries, minimum debt payments, and health care costs.
      • 30% for Wants: This covers discretionary spending like eating out, entertainment, and non-essential shopping.
      • 20% for Savings & Debt Repayment: Dedicate this portion to building your savings and paying off your debts above the minimum requirements.

      The Envelope System

      For those who prefer a more tangible and visual way to budget, the envelope system may be right for you. This method involves putting a set amount of cash into different spending groups each month. Once the cash in an envelope is gone, you stop spending in that area until the next month. This approach works well for managing variable or discretionary expenses like groceries, dining out, or entertainment.

      Zero-Based Budgeting

      With zero-based budgeting, every dollar of your income is assigned a “job” — whether it’s an expense, savings, or debt repayment. The goal is for your income minus your expenses to equal zero. This method requires careful planning but ensures that you are fully aware of where every dollar is going, preventing unintentional overspending.

      FAQ

      How do you calculate a student budget?

      Calculating a student budget involves these key steps:

      1. Identify all income sources: These include student loan payments, scholarships, wages, and family contributions.
      2. List all expenses: Categorize fixed costs (e.g., tuition, rent) and variable costs (e.g., groceries, eating out, and books and supplies). Non-recurring expenses can be averaged monthly.
      3. Compare income vs. expenses: A surplus allows saving or faster debt repayment; a deficit means reducing spending or increasing income to balance your budget.

      How do you set up a student budget?

      Setting up a student budget is straightforward:

      1. Set financial goals: Define what you want to achieve.
      2. Determine income: Calculate all monthly income, including student loan payments.
      3. List fixed expenses: Include costs like tuition and rent.
      4. Estimate variable expenses: Account for fluctuating costs such as groceries and books and supplies.
      5. Choose a budgeting method: Select a budgeting method (e.g., 50/30/20 rule).
      6. Monitor and adjust: Regularly review your budget to make sure it aligns with your income, expenses, and goals.

      What is a good monthly budget for a college student?

      There isn’t a single “good” monthly budget for college students, as it varies significantly based on factors like location, living situation, course of study, lifestyle choices, and income sources, such as student loan payments.

      For example, students can expect to spend close to $1,900 per month on living expenses, according to the College Board.1 Ultimately, a good budget covers essential needs (tuition, room and board, and medical expenses), supports financial goals, and allows for reasonable discretionary spending without accumulating unmanageable debt, reflecting your unique circumstances and priorities.

      How much of my paycheck should I save as a student?

      It’s generally recommended to put about 20% of your after-tax income into savings. For college students, however, this number can vary depending on their circumstances. Syphoning a portion of your income into an emergency fund can provide a buffer if a financial emergency arises, and even small, consistent savings can turn into large sums over time. That said, putting money toward high-interest debt is important for students since the interest accrued on debt could eclipse interest earned on savings.

      Article Sources:

      1 College Board. Trends in College Pricing

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      Indiana University Bloomington Tuition and Fees


      Indiana University Bloomington Tuition and Fees

      Indiana University Bloomington Tuition and Fees

      On this page:

        By Kelly Boyer Sagert

        (Last Updated – 06/2025)

        Indiana University is known for its innovative academic programs, and for being the first to feature an informatics school. Located on a beautiful campus in Bloomington, IU offers a variety of excellent music and arts degrees. U.S. News & World Report rates it #34 on its list of top public universities. The school is also home to international student organizations and is known as being an LGBTQ+-friendly campus. Plus, if you love sports, the Hoosiers provide plenty of exciting athletic competitions.

        Total Cost of Attendance

        Here’s a close-up look at how much it costs to attend Indiana University Bloomington.

        Costs for 2024-25


        Student Type

        In-State

        Out-of-State

        Tuition & Fees

        $12,144

        $41,891

        Books & Supplies

        $1,250

        $1,250

        Room & Board

        $13,984

        $13,984

        Other Expenses

        $3,224

        $3,224

        Total Cost of Attendance

        $30,602

        $60,349

        As a point of comparison, the national average cost for public four-year universities was $28,840 per year for in-state students and $46,730 for out-of-state students, putting IU’s costs above the average.

        Financial Aid

        In the 2022-23 school year, 83% of IU students received some sort of financial aid with 69% of them receiving grants or scholarships. A few highlights:

        •  Grant or scholarship aid averaged $9,857 per student

        •  Pell grants averaged $5,293 per student

        •  State/local government grant/scholarship averaged $7,529 per student

        •  Almost a third (31%) of students obtained federal student loans, averaging $5,022 per student

        Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

        The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

        •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and/or financial need.

        •  Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.

        •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

        •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

        Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

        You can find other financial aid opportunities on databases such as:

        •  US Department of Education – Search for grants from colleges and universities by state

        •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

        Recommended: The Differences Between Grants, Scholarships, and Loans

        Private Student Loans

        Private student loans were obtained by 7% of Indiana University students, averaging $21,181 per student. The IU financial aid office offers to help students make savvy decisions about their use of private student loans, but does not offer specifics online.

        Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

        What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

        Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.

        If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your student loan to process and for your lender to send money to your school.

        Recommended: Guide to Private Student Loans

        Projected 4-Year-Degree Price

        For in-state students, a four-year degree would cost $122,408, based on 2024-25 prices. For out-of-state students, the amount would be $241,396. It’s reasonable to add a 1% increase annually based on past history.

        Here’s some Indiana Student Loan & Scholarship Information for you.

        Repay student loans your way.

        Find the monthly
        payment & rate that fits your budget.

        Undergraduate Tuition and Fees

        Costs for 2024-25

        Student Type

        In-State

        Out-of-State

        Tuition & Fees

        $12,144

        $41,891

        Books

        $1,250

        $1,250

        Total

        $13,394

        $43,141

        Average total costs for tuition and fees at a four-year public university in 2024-25 were $13,394 for in-state students and $43,141 for out-of-state students, making an Indiana education costlier than the norm.

        Graduate Tuition and Fees

        Costs for 2024-25

        Student Type

        In-State

        Out-of-State

        Tuition

        $10,234

        $31,932

        Fees

        $1,522

        $1,435

        Total Cost of Attendance

        $11,756

        $33,367

        >In-state graduate school costs averaged $11,756, and out-of-state costs averaged $33,367 at IU. To compare, the average master’s student in the U.S. spends $21,730 each year on school. There are graduate loans available to help with these costs.

        Cost per Credit Hour

        IU tuition is on a per-credit basis. For in-state undergraduates, getting a bachelor’s degree at IU costs approximately $392 per credit hour. For out-of-state students, it can cost approximately $1,112 per credit hour.

        Campus Housing Expenses

        IU housing for the 2024-25 academic year was $13,984 for both in-state and out-state students to live on campus. The university lists $3,224 for other expenses related to living arrangements as well.

        The university notes that greater Indianapolis contains numerous apartment buildings where units can be rented and provides an off-campus housing guide. As a starting point, rent in Bloomington currently averages $1,109, according to Apartments.com. Note that leases may be for a full year rather than just the academic one.

        Indiana University Bloomington Acceptance Rate

        In fall 2023, the Indiana University acceptance rate was 80%. The university received 54,279 applications.

        Admission Requirements

        Students must have a high school diploma or an equivalent, which shares GPA, and a personal statement is typically needed. Recommendations, work experience, and the SAT or ACT are considered but not required.

        SAT and ACT Scores

        Indiana University considers SAT and ACT scores during the admissions process, when supplied by students, but does not require them. In fall 2023, 41% of applicants submitted SAT scores, and 16% of them submitted ACT scores; students admitted typically had the following scores:

        For submitted tests, here are the 25th and 75th percentiles:

        Subject

        25th Percentile

        75th Percentile

        SAT Evidence-Based
        Reading/Writing

        590

        690

        SAT Math

        580

        710

        ACT Composite

        27

        32

        ACT English

        26

        34

        ACT Math

        26

        31

        Graduation Rate

        Graduation rates for students who entered school in fall 2017 are:

        •  4 years: 71%

        •  6 years: 81%

        Post-Graduation Median Earnings

        Median earnings of IU grads is $63,742 vs. the U.S. average of $68,516.

        Bottom Line

        Indiana University Bloomington’s in-state tuition costs are somewhat higher for in-state students and significantly higher for out-of-state students vs. the national averages. However, it’s a top-ranked public school nationally, so it may be worth the extra expense. The university offers plenty of financial aid opportunities, including scholarships, grants, and federal and private student loans.

        SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

        View your rate

        SoFi Private Student Loans
        Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
        Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
        SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


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        Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



        External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


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        SoFi Study Reveals the Depth of the College Cost Dilemma

        A college degree has been a keystone of the American Dream for decades.

        But the value proposition is changing. Between ever-increasing tuition costs, a high-profile political debate on student loans, and fewer employers requiring formal degrees, many are calling into question the basic economics of higher education.

        To learn more about how Americans’ perceptions are shifting, SoFi fielded a survey of 3,500 prospective and current students, graduates, and parents.

        The takeaway: College is still the goal, but affordability is now top of mind. And unfortunately, the cost of college — and the options for paying for it — are often a big black box.

        Here are some of the most interesting highlights from the “The Cost of Admission 2025” study:

        Price is a mystery. Simply figuring out how much college actually costs is a top pain point in funding higher education, tied with understanding the financing options. Twenty-eight percent of respondents say they have “absolutely no idea” how much a four-year college experience costs, and when they wagered a guess, their estimates fell 30% to 65% short of actual costs.

        Without a clear understanding of the numbers they’re dealing with, prospective borrowers can feel paralyzed — and unable to make decisions. In fact, fewer than half of all students and parents of students (44%) say they feel well informed — or informed at all — about student loans.

        They’re down on debt. The stigma around debt is high for Gen Z, which has seen the impact that student loans have taken on older generations. And it’s not only borrowing, it’s simply discussing debt: 68% of young people and their parents would rather talk about sensitive topics like their sex life than debt.

        Some are ghosting their loans. Uncertainty about student loans has some ignoring their debt altogether. More than one-third of student borrowers say they have no intention of paying back their loans: 20% say they are waiting for them to be forgiven, and 15% say they plan to default.

        So what? Ninety-three percent of student loan borrowers say that, given the chance, they would have approached their college financing differently. And many students and parents have either used or considered using less traditional methods, like crowdfunding platforms, home equity lines, and cash from crypto.

        If you’re rethinking how to finance this important milestone, SoFi has resources to help you learn, plan, save, and pay. That includes programs like SoFi SmartStart, which allows borrowers to pay only the interest on a refinanced student loan for the first nine months; access to financial planners; and our comprehensive Student Debt Guide.


        Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.

        The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.

        SoFi isn't recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

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